The Incentives Are Perverse All the Way Through

India's financial system has been in crisis for more than a decade -- and it affects all of us. Tamal Bandyopadhyay joins Amit Varma in episode 212 of The Seen and the Unseen to make sense of all the turbulence. Also check out: 1. Pandemonium: The Great Indian Banking Tragedy -- Tamal  Bandyopadhyay. 2. Tamal Bandyopadhyay's books on Amazon. 3. Tamal Bandyopadhyay's website. 4. Tamal Bandyopadhyay's columns in Mint and Business Standard.5. India's Lost Decade -- Episode 116 of The Seen and the Unseen (w Puja Mehra). 6. The Fight of the Central Banker -- Episode 193 of The Seen and the Unseen (w Viral Acharya). 7. The Importance of Finance -- Episode 125 of The Seen and the Unseen (w Ajay Shah). 8. Zombie Firms and Creative Destruction -- 118 of The Seen and the Unseen (w Ajay Shah). 9. Easy Money -- Episode 56 of The Seen and the Unseen (w Vivek Kaul).  10. IL&FS and the Indian Financial System -- Episode 91 of The Seen and the Unseen (w Vivek Kaul and Ashutosh Datar). 11. Episodes of The Seen and the Unseen on public sector banks and NPAs.. 12. What Really Happened? — Lawrence H White on the 2008 Financial Crisis. 13. Politics and the English Language -- George Orwell. 14. Lady Chatterley's Lover -- DH Lawrence. 15. Firefighting: The Financial Crisis and its Lessons -- Ben S Bernanke, Timothy F Geithner and Henry M Paulson Jr. 16. Code Name God: The Spiritual Odyssey of a Man of Science -- Mani Bhaumik. 17. Ispat Bhi Hum Banate Hain -- The Tata Steel commercial. (Also this.) 18. Complan Boy and Girl (w Shahid Kapoor and Ayesha Takia). 19. Maltova Mum. You can now buy Seen/Unseen swag. And do check out Amit’s online courses, The Art of Clear Writing and The Art of Podcasting.